Ayla Networks, whose agile Internet of Things (IoT) platform provides comprehensive connectivity for any kind of product, announced that it has signed its first customer in Europe, Innr Lighting B.V. from the Netherlands. Innr is using the Ayla IoT platform, including Ayla’s Agile Mobile Application Platform (AMAP) technology, to scale its smart home lighting solution across Europe.

Kingston is a city nicknamed as K-Town in Ulster County, New York, U.S. The Common Council approved the city’s borrowing of US$ 2.1 million to install LED streetlights throughout the city. Early on, the council approved borrowing US$ 105,000 for design and engineering work for the project.

China’s exports to 70 countries under its “One Belt, One Road” strategy was up 1.5% to US$ 372 billion from January to June 2015, according to China’s custom data. The country’s imports declined 18.8% to US$ 256 billion, while its trade surplus rose US$ 65 billion compared to last year’s US$ 115.5 billion. Vietnam is China's third largest trade partner, and it has a trade surplus relation with the country.

When GE sold its home appliance division in September 2014 for US $3.3 billion to Swedish company Electrolux, market rumors surfaced that the company might sell its lighting business too. The company denied intentions of selling its century old lighting business at the time. Instead of selling its lighting business, GE announced it would be spinning off its commercial LED lighting business, solar energy, and energy storage devices into a new startup company on Oct. 7, 2015. According to aBloomberg report, the new business is expected to increase annual sales to about US $5 billion from its current start of US $1 billion.

UBS forecasted oversupply situation in the LED industry will continue into 2016, while sliding LED prices will nullify growing shipment volume advantages, according to a Chinese-language Commercial Times report.

China’s Light Industry Internet (CLII) recently published important lighting product export statistics for three markets during the first six months of 2015, showed export growth was highest for the Argentina market, and plunged the most in Saint Lucia. Lighting exports to France showed incremental growth.

San’an Opto announced recently its subsidiary in Fujian Province, China has received RMB 170 million (US $) subsidy from Anxi County Finance Bureau to invest in LED R&D, according to a report from Quamnet.

Bangalore (or also known as Bengaluru), the capital of India's southern Karnataka state will be rolling out a LED residential lighting replacement project by January, according to The Times of India and other Indian media.

Taiwanese LED chip manufacturer Yang Hwa Technology owner Shih-Hsiung Chan was detained by police on Sept. 11, 2015 for suspected accounting fraud and market manipulation, according to a report by China Times.

Next generation OLED TV sales have soared 317% during the first half of 2015, according to a report from Business Korea.

Chinese manufacturers exported LED lighting goods to India for the first eight months of 2015 reached US $355 million, according to a DIGITIMES report.

Leading Taiwanese LED manufacturer Epistar has acquired nearly 10% stake in Malaysian LED manufacturer Dominant OptoTechnologies, according to a latest report from Chinese-language media UDN.

Was the company revenue performances only bad for the first half of 2015? Or has it been the case for three consecutive quarters? Only LED manufacturers know how they fared this year.“The (Chinese) LED industry is in deep waters, and only a few manufacturers will survive in the next few years,” said several industry insiders during recent interviews with LEDinside’s editorial team in China.

HC Semitek board approved the acquisition of Chinese sapphire substrate manufacturer Crystaland during a recent shareholder meeting.

Samsung Electronics, the world’s leading producer of semiconductor and display solutions, formally opened the doors to its new Device Solutions America headquarters here, setting the stage for a new wave of innovation across the digital landscape.

Everlight Chairman Robert Yeh recently refuted market rumors in Taiwan claiming the company’s decision to use Chinese manufacturers LED chips in its products has impacted Epistar’s revenue performance, according to a UDN report.

The Indian Prime Minister Narendra Modi has been a strong advocate for the country’s LED lighting conversion to battle the power starved country’s use of electricity and conserve natural resources, reported local Indian newspaper Nagpur Today.

MLS INDIA, The LED package major has secured supplying LED chips worth one million USD to one of the most trusted brand in India. The products made of using MLS LEDs will be illuminating Indian homes very soon.

Tridonic Jennersdorf GmbH, a subsidiary of Tridonic GmbH & Co KG, Dornbirn and therefore part of the Zumtobel Group, has signed a licence agreement with Medion AG, Germany covering the use of silicate-based white LEDs.

Today, The Climate Group, which is hosting its annual Climate Week NYC, called on every single city and utility around the world to schedule the switch of their street lighting to LED by 2025 and launched its new major global campaign LED = Lower Emissions Delivered, to encourage local governments, cities and utilities to embrace the carbon and cost benefits of switching to LED.

Kingsun Optoelectronic is to acquire Lumileds with capital collected partially from surplus capital of different LED lighting business and the company’s raised funds. Kingsun Optoelectronic plans to indirectly acquire 6.15% share of Lumileds, which was span off by Royal Philips, for US$ 100 million.

Leyard announced recently it will acquire Guangzhou Leafun Culture Science and Technology and Glux Visual Effect Tech. Leyard is to acquire 100% of Guangzhou Leafun Culture Science and Technology’s shares with cash and 99% of Glux Visual Effect Tech shares will be transacted from 10 company investors. Leyard will start fundraising for the acquisition.

Noribachi, a leading U.S.-based custom LED manufacturer and Samsung Electronics, a global leader in advanced component solutions, announced establishment of a major partnership. This broad partnership will draw upon the technology and engineering strengths of each company to spark innovation in an initial step toward redefining the U.S. LED lighting industry.

After conveying disappointing results for the first-quarter of 2015, when lighting-equipment demand was 3.6% below fourth-quarter 2014 demand, the latest NEMA Lighting-Systems Index (LSI) results show that a modest rebound occurred during 2015’s second-quarter: Demand was up 0.4% over first-quarter performance and 2.2% above second-quarter 2014 performance. “While quarter-over-quarter performance may not be something to ‘write home about,’” said National Lighting Bureau Executive Director John Bachner, “year-over-year results are definitely encouraging and quarter-over-quarter results show that lighting-equipment demand is moving in the right direction. We’re optimistic that the next report will show continued growth over the third quarter.”

Merck, a leading company for innovative and top-quality high-tech products in the healthcare, life science and performance materials sectors, announced today that it has entered into a license agreement with Tridonic Jennersdorf  (Tridonic) covering silicate phosphors for use in white light LEDs.

Dialog Semiconductor (XTRA: DLG) and Atmel Corporation (NASDAQ: ATML) announced today that Dialog has agreed to acquire Atmel in a cash and stock transaction for total consideration of approximately $4.6 billion. The acquisition creates a global leader in both Power Management (2) and Embedded Processing solutions. The transaction results in a fast growing and innovative powerhouse, supporting Mobile Power, IoT and Automotive customers. The combined company will address an attractive, fast growing market opportunity of approximately $20 billion by 2019.

Leading LED chip manufacturer Epistar’s has raised the number of job cuts from the previously announced 65 to about 180, reported UDN.

Taiwanese LED manufacturers revenue performance continued to wane in August, according to Pingan Securities. Revenue performances downed both annually and on a monthly basis, according to statistics released by Taiwanese companies.

Demand for lighting equipment, as measured by NEMA’s Lighting Systems Shipments Index, increased by 2.2% year-over-year (y/y) and by 0.4% quarter-to-quarter during second quarter of 2015. The increase was driven by emergency lighting and fixtures which gained ground on a year-over-year basis while the ballast and lamp–large and miniature–components offset these gains with year-over-year declines.

Indonesia is situated in Southeast Asia and is located on the Equator. It is close to Papua New Guinea, East Timor and borders Malaysia. Geolocation wise the world’s largest archipelago is also an ocean across from Thailand, Singapore, Philippines and Australia. With a population of 240 million people scattered across 18,307 islands, Indonesia is the fourth most populated country in the world following China, India, and U.S. Annual economic growth rates peaked to 6.3% over the past few years indicating it is a country that holds great market potential.